Here is a guideline of things to consider when a tenant is changing. If you feel it can be improved in any way
please email us.
This is not an exhaustive list but it should help you not miss to many things.
It is in your interest to always confirm everything with your professional advisers.
This checklist is of a general nature and there is no guarantee that this list is correct for you.
| In General |
| Rates |
Ensure the rates are up-to-date and if the old tenant has over paid possibly a refund is due to then which needs
to be recovered from the new tenant.
|
| Water Rates |
Ensure the water rates are up-to-date and if the old tenant has over paid possibly a refund is due to then
which needs to be recovered from the new tenant. Have the meter read if necessary.
|
| Electricity |
Ensure the electricity bills are up-to-date by the old tenant and that the new tenant has the necessary details
to have the electricity connected.Have the meter read if necessary.
|
| Lease Signed |
Check that the new lease has been signed.
|
| Keys/Access/Alarm |
Can real estate agent handle this?
|
| Signage |
Does the old tenant need to ensure their signs are removed. Does the new tenant need your permision for new signage?
|
| Clean Up |
Does the old tenant need to do any cleaning up?
|
| Rent - old tenant |
Is the old tenant's rent up to date?
|
| Rent - new tenant |
Do they have instructions on how to pay the rent and the amount?
|
| Deposit |
Has the deposit been paid? |
| The 'Agreement to Lease' |
| Personal Guarantee |
|
| Rental Amount |
|
| Rent Reviews |
|
| Lease Renewals |
|
|
All and any changes/requirements required for the actual lease
|
It is easier to sort out with the 'agreement to lease' so there are no
misunderstandings with the actual lease .
|